Accounting for Transactions

Financial accounting & reporting

Course

Accounting for Transactions

Instructor: Gemma Rudrum, BPP

  • Format

    Course - Online

  • Level

    Basic

  • Duration

    1h

This course covers how important business transactions are incorporated in financial statements of businesses.

Learning outcomes

  • Understand the impact of Tangible Fixed/Non-current Assets and Depreciation on the financial statements
  • Understand the impact of Intangible Fixed/Non-current Assets and Amortisation on the financial statements
  • Understand the impact of Investments on the financial statementUnderstand the impact of Sales and Trade Receivables/Debtors on the financial statements
  • Understand the impact of Purchases and Trade Payables/Creditors on the financial statements
  • Understand the impact of Accruals and Prepayments on the financial statements
  • Understand the impact of Inventory/Stock on the financial statements
  • Understand the impact of Loans/Debentures/Financing on the financial statements
  • Understand the impact of Shares and Share Capital on the financial statements

£35.00 (CIMA members only)

£45.00

VAT calculated on checkout

Product information

Overview

This course will work through, step-by-step, each of the most significant transactions that most businesses make and explain how these are reflected through accounting in the financial statements. These transactions include fixed/non-current assets, investments, sales and trade receivables/debtors, purchases and trade payables/creditors, accruals and prepayments.

Professional development

All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Programme level:Basic
Duration:1h
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£35.00 (CIMA members only)

£45.00

VAT calculated on checkout

Instructor

  • Gemma Rudrum, BPP

    Gemma Rudrum qualified as a chartered accountant with Ernst & Young in 2004, working in their Assurance and Advisory team. She joined BPP in 2007 as a tutor teaching financial reporting and auditing subjects. She has also worked in our Learning Media team designing and developing content and is now our Head of Work Based Learning and runs our PGCert programme.

Accessibility

The Association is dedicated to removing barriers to the accountancy profession and ensuring that all accountancy professionals and other members of the public with an interest in the profession or joining the profession, including those with disabilities, have access to the profession and the Association's website, educational materials, products, and services. The Association is committed to making professional learning accessible to all. This commitment is maintained in accordance with applicable law. For additional information, please refer to the Association's Website Accessibility Policy. For accommodation requests, please contact adaaccessibility@aicpa-cima.com and indicate the product that you are interested in (title, etc.) and the requested accommodation(s): Audio/Visual/Other. A member of our team will be in contact with you promptly to make sure we meet your needs appropriately.